Shopping for a Mortgage? Read this first.

Did you know that shopping around for the best mortgage rate usually involves contacting three or four mortgage brokers and during that process they will usually ALL check your credit? This is the worst thing you can actually do for your credit as it results in lowering your score. YES multiple inquiries on your credit lowers your score.

When you are ready for a mortgage, go online and get your own credit score and then when applying for mortgages
GIVE that score to your mortgage companies. Tell them you have it and you don't want them to run it for you. Once you decide on a company they will of course have to run it  but at that point you will not have done any damage to it.

 If you have any other mortgage questions, don't hesitate to call me at 201 259-4449 or email me at Adrienne@AdrienneFrancis.com.